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LIC IPO’s retail portion fully subscribed on day 3; offer closes on Monday

LIC IPO’s retail portion fully subscribed on day 3; offer closes on Monday

by AIP Online Bureau | May 7, 2022 | Indian News, Life, Wealth Management/ Philanthropy

Retail individual investors bid for 8.53 crore shares as against 6.9 crore shares set aside for this segment — translating into oversubscription of 1.23 times Of the total, the policyholders’ portion was subscribed a little over four times, while that for...

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